McKinsey Organizations Solutions Expert Andres Mejia Explains Human Capital

While working as a Senior Manager for Deloitte, Andres Mejia has discovered the value of human capital. This human resources concept is based on the thought that a well-educated, skilled, and trained employee presents a greater value to the company in which they work. Technically, human capital is the cumulative knowledge, social and personal attributes, and habits honed by an employee. These items each influence the employee's ability to perform their given tasks. The greater these abilities, the more economic value they own as a person. This is beneficial to both the employer and the employee.

Andres Mejia Mckinsey

 Human capital is often considered as a non-traditional form of wealth. If you consider the value of an employee who is untrained, versus one who is skilled, it is easy to see where one is worth more than the other. Human capital is generally broken down into two parts, social capital and intellectual capital. These intangible concepts are difficult to measure on paper, but do have a great effect on the business or organization that employs the worker. Social capital is a person's ability to form lasting social bonds and relationships. The employee who is wealthy in social capital makes friends easily, gains the trust of associates and clients with little effort, and is considered to be honest. Intellectual capital is the employee's ability to learn, take direction, and follow through on tasks. McKinsey Client Advisor Andres Mejia Mckinsey Understands Management Consulting

Management consulting is a service provided by Andres Mejia from McKinsey & Co. This act of assessing, diagnosing, and implementing organizational changes to a business is a key to success for any company. The overall goal is to help the business increase their performance through modifications made to the business model. For this to happen correctly an expert will assess the issues faced by the business from an internal standpoint. The general consensus is that a business or organization cannot accrue success if their internal systems are faulty.

When a management consultant identifies existing issues or road blocks within a business they will need to devise a set of solutions to those problems. The solutions must be feasible and able to be instituted without causing great hardship to the operations of the business. Once those plans are in place they need to be implemented. Some may question why a management consultant would need to be hired, why not use one of the existing executives that already work for the organization? The answer to this is simple. Hiring a professional management consultant ensures that the organization receives the guidance of a third party who is completely objective.

Years of management consultant experience has exposed these helpful professionals to become knowledgeable in the best practices for business. Witnessing the good decisions and poor choices of other companies teaches them what should be done for your company. As an advisor for McKinsey & Co, Andres Mejia uses these techniques to improve the productivity of hundreds of corporations.

Andres Mejia of McKinsey & Co. - Talent Management

Andres Mejia is a client services lead with McKinsey & Co., a global management consulting firm. He focuses on serving clients on organizational health and performance, organizational design, and talent management.

 

Talent management refers to a set of organizational processes used by Human Resources departments to attract, motivate and retain productive and engaged employees. The goal is to create an organization that meets all of its strategic and operational objectives. In today’s modern global economy it is imperative that companies continually invest in their people.

At first, an organization’s employees are usually attracted by the pay and benefits that are offered to them, but that isn’t always enough to retain them over the long haul. Talent management strategies are driven by workforce trends such as the longer life expectancies of workers, and the increasingly global and virtual workforce. Many organizations are already recognizing and taking advantage of these trends, as in the case of The Home Depot, Inc. Home Depot focuses many staffing initiatives on older workers; they partner with the American Association of Retired People for referrals. As a result, fifteen percent of its workforce is over the age of fifty. And Proctor and Gamble focuses on getting a good mix of people in its talent management. Projected workforce changes and cost-effective ways to access talent are central to the next generation of talent management.

Andres Mejia McKinsey & Co. has served clients in the financial services and pharmaceutical industries. He has a degree in Industrial Engineering from the Universidad de los Andes in his native Colombia.
​

Andres Mejia of McKinsey & Co. - Traits of Great Consultants

Andres Mejia is a Senior Engagement Manager for McKinsey & Co., a company for which he has worked since 2012. Among his duties since he began his professional career in 1999 have been consulting tasks. When Andres Mejia undertakes a consultant responsibility, for McKinsey & Co. or any other client, he approaches it seriously, applying more than 15 years of experience. You don’t need 15 years of experience to begin a career as a consultant, though. You just need traits like the ones below:
 

• Honesty – If you want to become a trusted consultant, you want to be known for keeping your word. When you say you’ll do something, you must do exactly that. Though this sounds simple, it’s often overlooked as an important element to building a trustworthy business reputation. Building an honest reputation early will earn you more opportunities later in life.
• Attention to Detail – Having acute attention to detail will help you build trust with your clients by way of error-free work. You want to ensure that you do not have spelling-, calculation- or grammar-related mistakes in any of your work. When you refer a potential client to a past client reference, you can almost guarantee that your past client will mention your attention to detail.
• Forethought – This trait is simple: Think before you act. This will help you avoid critical errors in your work and it will build a trustworthy reputation within your industry.

Andres Mejia’s position with McKinsey & Co. is an example of where dedication to a professional craft can take motivated individuals. If you’re just starting out, look to those who have come before you for inspiration.
​

Andres Mejia of McKinsey & Co. - Leadership Traits

Andres Mejia has worked as a leader with companies like McKinsey & Co. since 1999. He has established himself as a motivational manager and as a reliable, responsible leader. Presently, Andres Mejia handles many duties as an Organization Solutions Expert with McKinsey & Co., and leading is just one of them. To also be trusted with engagement, management and advisement is a large show of respect, and it can all start with great leadership skills. Fostering the following traits in yourself can make you a better leader and, as a result, a better businessperson:

• Give, and Keep, Your Word – When you lead, it’s important that your team trusts you. When you make a promise to a client or to your team, think about what you’re committing to and keep your word. Always doing what you say will quickly establish a reputation, even if it means promising less.
• Take Blame, Give Credit – Your team should be able to rely on you as your leader. When working with your client, always take more blame than you deserve and less credit than you deserve. This shows your team in a more positive light and builds trust.
• Be the Leader You Respect – Think about the kind of leader that you hope to be and then embody that at all times. Your team will emulate how you act, so also consider how you want your team to behave and act accordingly.

Andres Mejia McKinsey & Co. is known for both building and retaining motivated teams and, with traits like those above, you can establish a similar reputation.

Andres Mejia of McKinsey & Co. - Biotechnology Innovation

Andres Mejia of McKinsey & Co. is an experienced international professional who enjoys learning and educating himself. When Andres Mejia isn’t working with clients like McKinsey & Co., he often takes interest in biotechnology. Biotechnology is a modern field of study with innovative breakthroughs that could change the world we live in. Some of these innovations include:

• Gene Therapy – Biotechnology is innovating gene therapy treatments that allow medical professionals to insert genes into patients’ cells, replacing existing, defective genes. Though the field is young, it already presents great medical potential.
• Nanomedicine – Biotechnology allows medical professionals to manipulate biostructures and molecules atomically. For example, the use of metallic lenses allows oncologists to use heat energy to target and destroy cancer cells, and it offers hope of increasingly-effective cancer treatments.
• Drug Delivery – Biotechnology is leading to great advancements in drug delivery systems. These drug delivery systems use microscopic particles, also known as microspheres, have small holes just wide enough to deliver drugs to target areas. Technologies like these offer hope of new treatments for diseases like cancer.
• Stem Cells – Biotechnology is opening the door for professionals who are studying the viability of growing stem cells in a laboratory environment. These professionals are then using the stem cells to grow new, healthy tissues that can be implanted in patients.

Andres Mejia McKinsey & Co. and others interested in biotechnology see the future of this thrilling field of study. With the increasing popularity of such studies, the world is seeing innovation at a rate faster than ever before.
​